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Afore Capital, a pre-seed venture capital firm, has announced the launch of its new $185 million Fund IV, aimed at expanding its investment strategy in the pre-seed stage. The firm highlighted that AI-native companies require five times less capital to achieve $1 million in annual recurring revenue (ARR) compared to non-AI companies. This fund marks Afore's fourth consecutive oversubscribed fund, reflecting the growing interest in pre-seed investments. Afore Capital, founded in 2016, has played a pivotal role in establishing pre-seed funding as a recognized category in the venture capital landscape.
When we started @AforeVC in 2016, pre-seed was a niche, largely unknown category. But we put a stake in the ground by raising by far the largest pre-seed fund at the time helping put pre-seed on the map. Today, we are announcing a new $185 million Fund IV, again the world’s… https://t.co/LHdKYJQLDw
After 8 years of pre-seed investing, @AforeVC is expanding the aperture of what it means to invest at this stage with a brand new $185M fund. We're focusing on Pre-Seed 2.0: the future of pre-seed. This is our 4th successive oversubscribed fund. We have also returned more than…
Afore’s $185 Million Fund IV: Introducing Pre-Seed 2.0 https://t.co/GrUFoYo9Fn
